About This Home

This 2-bedroom, 2-bathroom condo at 4000 Gulf Terrace Drive #228 in Destin, FL is listed for $265,000 ($359 per sqft). Built in 1973, the home offers 738 sqft of living space on a N/A lot.

Key Features

  • Built in 1973
  • 2 stories

Property Details

2 stories
2 full
#228
1973

Amenities

EV ChargerA/C
Listing Description

Thinking Destin? You found the perfect condo! Rental potential of $55k+ annually. Not only does this beautifully renovated unit come fully furnished, it has 2 FULL bathrooms which is a rarity at this price. Located in the heart of Destin, close to all attractions, shopping, yummy food, & the beach!!

This complex has so much to offer - multiple swimming pools, pickleball/tennis, upgraded laundry on site, dog park, and EV charging! This is a STEAL! This would make the perfect investment property or primary residence. Pet friendly gives advantages for future renters!

Inside you'll find a large main bedroom and custom designed bathroom, an open floor plan offering a place for families to truly enjoy together, and a bunk room with an additional bathroom (I know, I'm saying it again because it's that good!) If you've been visiting Destin and looking for a sign to take that leap - THIS IS IT!!!

Monthly Cost Estimate

$2,040/mo

20% down · 6.5% · 30 years

Principal$192
Interest$1,148
Insurance$77
HOA$623

Estimates only. Actual payments may vary.

Location

4000 Gulf Terrace Drive #228

Destin, FL 32541

GULF TERRACE CONDO

Features & Amenities

Interior Features

Owner's ClosetPantry

Exterior Features

BBQ Pit/GrillPavillion/GazeboSprinkler SystemTennis Court

Property Details

Flooring

Vinyl

Outdoor Features

Porch

Heating

Central

Cooling

Central Air

Appliances

DishwasherMicrowaveRefrigeratorStove/Oven Electric

Questions & Answers

This 2-bedroom, 2-bathroom condo at 4000 Gulf Terrace Drive is listed at $265,000 ($359/sqft). The estimated monthly payment is $2,040 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $623/month.

Key features include: Built in 1973, 2 stories. Interior Features: Owner's Closet, Pantry. Exterior Features: BBQ Pit/Grill, Pavillion/Gazebo, Sprinkler System.

This property is listed by Megan Tate.

MT

Megan Tate

License 3470337

Agent at Coldwell Banker Realty

Listed by Coldwell Banker Realty · Broker phone: (850) 501-1545 · View on Broker Site · Broker website

MLS# 1009137· Source: Emerald Coast Association of Realtors· 86 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4000 Gulf Terrace Drive #228, Destin, FL 32541

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